Bulgaria's Annual Losses Exceed BGN 1 Billion Due to Schengen Non-Admission
Bulgaria's economy experiences annual losses amounting to hundreds of millions of euros due to its exclusion from land-based Schengen membership.
The 30 km fence at the border between Bulgaria and Turkey will require 600 km razor wire, 12 000 posts, 4 000 m? concrete and 30 km chain-link fence.
The fence was planned last autumn as a measure against the illegal border crossings of people seeking asylum in Bulgaria.
It will cost BGN 9.6 M, of which, according to Defense Minister Angel Naydenov, BGN 8.1 M are for construction materials.
The initial price was by BGN 4 M less, but it turned out that the estimates were incorrect.
The discrepancies prompted Prime Minister Plamen Oresharski to order last week a full financial audit of the project.
“Each eventual misuse of money for the construction of the border fence will be considered marauding”, Naydenov said for Bulgaria's public broadcaster BNT. “There will be no compromise.”
According to Naydenov the construction will be complete this spring. The project drew criticism from the EU and the UN that this measure for limiting the access of refugees to Bulgaria violates international law.
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I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
The Ministry of Finance has revised its autumn forecast for economic development.
Bulgarian police arrested a Russian citizen and two Lithuanians on suspicion of exporting “sensitive information” from the Arsenal military plant in Kazanlak.
The government has changed its order requiring state-owned companies to pay a dividend to the budget.
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